"it is very easy to make hydrogen (even I have made) and can be made almost very inexpensivly after the initial equipment cost (which is also inexpensive)."
So how come nobody has been able to do it economically on a commercial scale? Your back yard chemistry experiments don't count. And it it the energy cost that is more important than the monetary cost, otherwise you end up with another negative EROEI boondoggle like ethanol.
"Hydrogen does not exist freely in the universe;"
"Do you really believe what you post?"
If you simply google the phrase you will find many sources stating the same.
because there was no real reason for it to be up so much yesterday. The 'news' was about CF and has limited to no relevance to TNH. I guess people realized that overnight.
"I had to buy more shares today to dollar cost it"
So you are saying, you chased TNH without even knowing why it was going up? Today's price is still higher than it was 2 days ago so for you to have to average down you must have been chasing the spike yesterday. That will teach you to buy first, research later.
conspiracy theory time:
Could KM be creating slow growth at EPB in order to facilitate a merger with KMP at much better terms for KMP?
"Kinder one of the highest paid CEOs"
Kinder's salary is $1. You saying he os only worth 50c?
"Unlikely that they issue fractional shares"
What's that supposed to mean? You'd get units of KMP with market value of 105% of your EPB holding. Any fractional unit would be paid as cash. That's the way it always works.
There is no 'freeze' as such. It's guidance and the guidance implies no increase for at least 5 quarters. However it's possible that the guidance is conservative and there may be some small increase over the next year. But that's just a detail, the point is that EPB is turning from a very fast distribution growth MLP to one with very low growth. Of course the price will adjust.
As for a merger, if EPB is in a weaker position due to lack of growth, that makes KMP position all the stronger. So if you want some conspiracy theory a better idea would be that the 'posturing' is to help them consumate that merger at lower cost to KMP. Either way, since Kinder holds all the cards, there is no reason for there to be a big premium. Retail unitholders would not be able to change the outcome. With KMP's takeout of CPNO, the premium was pretty small and in that case it wasn't even the case like here of the same GP controlling both entities. They should be able to drive an ever better bargain for EPB that they did for CPNO, simply because they can do whatever they want. There may be (would be) some of those nuisance lawsuits against the merger and the ratio may get bumped up a fraction but then go through in a good deal for KMP.
Again, EPB weakening due to slowdown in growth really plays into that scenario.
article titled ""In Appalachia, Coal Struggles to Compete With Natural Gas."
You can google it, although may not be able to see the full article unless you register on their website.
I assume you are reporting the WSJ as linked to foreign terrorists. Or is it actually you who is doing the slandering. Claiming links to foreign terrorists is pretty serious stuff and your posts may be picked up by FBI filtering.
P.S. The title of the WSJ article is "In Appalachia, Coal Struggles to Compete With Natural Gas."
You can google that title to find the information I posted.
Or you could just actually follow the companies you invest in.
So you are reporting the Wall Street Journal? Or just a silly windbag like sjsrrh?
At least I post actual data to back up my statements.
So the Wall Street Journal are slanderers and linked to foreign terrorists? The quote was directly out of the WSJ and could be verified by looking at regional gas price indexes.
Don't think that is true of sjsrhs. He writes stupid statements like that on just about all MLP and trust boards Don't think he ever invests in any of them. His stupid bearishness for all investments is even more foolish than your naive hopefulness about ECT and EROC. I believe it is sour grapes in that he missed the boat on investing in MLPs over recent years.
Of course, ECT is not 'worthless' when it pays a decent (albeit declining) distribution each quarter.
guidance was lackluster but more so for CEQP than for CMLP.. Susprising that CEQP's distribution growth guidance was no more than CMLP's. Normally distribution growth at the GP should be much higher than the LP. However CEQP is not a pure GP, so that is probably the reason (ie. their other assets not performing so well).
Not really true (or at least very misleading). What they would gain on the higher oil prices, they would lose on the derivatives. That after all, is the point of hedges, no?
You really have sour grapes about all the opportunity lost in MLPs, haven't you? If you had invested in MLPs 5 years ago, you could have had a 5-bagger (the Alerian index is up about 5 times over the last 5 years).
What is confusing about that. BWP is not impacted much by changes in the price of gas. Most of their contracts are regulated fixed fee based. The negative is that a lot of contracts are coming up for renewal in 2014 and will be renewed at lower rates.
At least 5 years you've been wrong now, isn't it? How much dead money have you had in it that could have been invested in MLPs over that timeframe and probably quintupled your money (as I have). You think people should listen to the broken clock who has been making the same wrong forecast for 5 years? Or the person who has been correct and investing in the sector with the best returns in the market, bar one) over the last decade or more?
Could happen in a very cold winter, but my point is that it will be back down in the high $3's again by the start of spring. Unless you are just trading the swing (which I realize many are) it's not very meaningful whether we get an early winter versus a late winter, etc.
And you have been here posting for just as many years, always saying that NG prices are about to take off. So who has been correct? One day you may be right but price will likely still be in the similar range for a number more years. Even cadmium tellurium seems to have finally seen the light on that. There remains just too much production, even though industrial demand has been increasing (due to the low price).